The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-03
CONDITION OF THE MARKETS
Only Moderate Business in Wheat on
Unusually Narrow Fluctuations.
Corn Shows Firmer Feeling. and Prices Are
Slightly Stronger-0ats Steady-Pro-
visions Moderately Active but Weak.
MONEY, BONDS AND STOCKS.

The New York Market shows More Activity
and a Firm Undartone.
NEW YORK Nov. Mooney on call was
easy at 3 to per cent, closing offered at
per cent
Prime mercantile paper. Gas per cent.
Sterling exchange was dull but steady at
81 sl9 for sixty days and 81 654 for demand.
The total sales of stocks to-day were 309. 352
shares. including the following: Delaware.
Lackawanna 81 Western, 1920; Delaware &
Hudson. 1850; Erie. 4.505; Lake Shore, 16. 100;
Louisville g Nashville, 1925; Missouri Pacific.
20, 2S5; Northwestern, 1905. New Jersey Cen
tral, $3.50; Northern Pacific preferred $3.50;
Oregon & Transcoutinental, $500; Peoria.
Decatur 6 Evansville, 3.110 Reading. 3d.
300: st. Paul, 80, 40; Union Pacific, $3.50;
Western Union, Il, 760.
The stock market to-day was a shade
active but the temper Of speculation was not
30 bullish as yesterday, though the marke
showed firm undertone throughout London
did very l;tpz and the "bull" leaders were in
elined to lzs yell enough alone, that the dis
position OF the traders to force reaction,
though ,cessfu, served to keep prices as a
rule dowr. 20 the level of last nights figures.
The good feeling existing last evening, how
ever, still powerful this morning, and the
market responded quickly to the higher London
quotations. Rumors were current that the
Delaware & Hudson dividend would be in
creased, and that stock wac prominently strong
the other coalers sharing in the improvement
The Southern stocks were also favorites
moved up. The "bears" again selected
Missouri Pacific to break the list with, and by
persistent hammering depressed it's price per
cent from the opening figure, but little impress
sion was made upon the general list until late in
the day, when the early advances were wiped
out, in many cases The news of the day of a
character to affect values was meagre and unim
portant The opening was somewhat irregular,
but generally strong at advances extending to /
per cent, though Northern Pacific preferred
was of &c. The market was quite fsverIsh ir
the early dealings, and Missouri Pacific was
weak, while Peoria, Decatur & Evansville,
Colorado Coal, Manitoba and few others were
the entire list, and fluctuations became
small and business quiet Delaware e. Hudson
and Union Pacific then took the lead, and on in
creased activity further advances were made in
the afternoon, the best prices of the day being
recorded about o'clock material reaction
occurred in the last hour, and the close was
quiet but heavy at close to opening figures, as .
general thing. Prices are irregular, as com
pared with those of last evening, and are about
equally divided between gains and losses, gener-
ally for fractions only, but Missouri Pacific lost
II, while Colorado Coal Delaware s. Hudson,
and Manitoba each rose l per cent
Railroad bonds were moderately active The
Kansas 6 Texas issues were again the feature,
being somewhat feverish. though their huctua-
tions were less violent than of late and their
final changes were unimportant The SKIES
were most active, and furnished $101. 600 out Of
o total DAYS business OF ST, 090. 900. The general
list firm to strong. and is generally higher
tonight. St. Paul gold bonds 1-3, to
1174: Erie first consols. 8, to 135; Memphis &
Charleston skies, 81, to 1024 Texas Pacific in
come receipts, 2. to Al, and Reading income GER
Efcates Al. to 79a.
Government bonds were dull and steady.
State bonds were entirely neglected. Closing